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Stylam Industries Limited — Major Shareholding Notification 2022
Sep 3, 2022
60759_rns_2022-09-03_99564f6f-16d8-409f-a599-798e34d3ffe3.pdf
Major Shareholding Notification
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Digitally signed by Sanjeev Sanjeev Kumar Sehgal Kumar Sehgal Date: 2022.09.03 16:31:59 +05'30'
Lighthouse Emerging India Investors, Limited Suite 218, 22 St Georges Street, Port-Louis, Mauritius Tel: (230) 212 9800 Fax: (230) 212 9833
2 September 2022
Bombay Stock Exchange Limited Email: [email protected]
National Stock Exchange of India Limited Email: [email protected]
Stylam Industries Limited Email: [email protected]
Scrip Code: STYLAM INDUSTRIES LIMITED STYLAMIND | 526951 | INE239C01020
Dear Sir/ Madam
Disclosure under Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeover) Regulations, 2011
We, Lighthouse Emerging India Investors, Limited, submit relevant disclosure under Regulation 29(2) of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, consequent to our sale of equity shares of Stylam Industries Limited via the open market today.
Kindly take on your record and acknowledge the receipt of the same.
Thank you.
Yours faithfully
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______ Fabrice Arlapen Director
Encl: as above
| Disclosures under Regulation 29(2) of SEBI(Substantial Acquisition of Shares and Takeovers) Regulations, 2011 | Disclosures under Regulation 29(2) of SEBI(Substantial Acquisition of Shares and Takeovers) Regulations, 2011 | Disclosures under Regulation 29(2) of SEBI(Substantial Acquisition of Shares and Takeovers) Regulations, 2011 | Disclosures under Regulation 29(2) of SEBI(Substantial Acquisition of Shares and Takeovers) Regulations, 2011 | Disclosures under Regulation 29(2) of SEBI(Substantial Acquisition of Shares and Takeovers) Regulations, 2011 |
|---|---|---|---|---|
| Name of the Target Company (TC) | Stylam Industries Limited | |||
| Name(s) of the acquirer and Persons Acting in Concert (PAC) with the acquirer |
Acquirer - Lighthouse Emerging India Investors, Limited PAC - India 2020 Fund II, Limited |
|||
| Whether the acquirer belongs to Promoter/Promotergroup | No | |||
| Name(s) of the Stock Exchange(s) where the shares of TC are Listed |
(i) BSE Limited (ii) National Stock Exchange of India Limited |
|||
| Details of the acquisition as follows | Number | % w.r.t. total share / voting capital wherever applicable(*) |
% w.r.t. total diluted share / voting capital of the TC()** |
|
| Before the~~acquisition~~ / sale under consideration, holding of acquirer along with PACs of: |
||||
| a)Shares carryingVotingRights(VRs) | - | |||
| (i)Lighthouse EmergingIndia Investors,Limited | 515,000 | 3.04% | 3.04% | |
| (ii)India 2020 Fund II,Limited | 599,800 | 3.54% | 3.54% | |
| Total | 1,114,800 | 6.58% | 6.58% | |
| b) Shares in the nature of encumbrance (pledge/ lien/non-disposal undertaking /others) |
- | - | - | |
| c)Votingrights(VRs)otherwise than byequityshares | - | - | - | |
| d) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC(specifyholdingin each category) |
- | - | - | |
| e) Total(a+b+c+d) | 1,114,800 | 6.58% | 6.58% | |
| Details o | f~~acquisition~~ / sale |
|||
| a)Shares | carryingvotingrights sold | |||
| (i)Lighthouse EmergingIndia Investors,Limited | 500,000 | 2.95% | 2.95% | |
| (ii)India 2020 Fund II,Limited | - | - | - | |
| Total | 500,000 | 2.95% | 2.95% | |
| b)VRs acquired/sold otherwise than byequityshares | - | - | - | |
| c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC(specifyholdingin each category)acquired/sold |
- | - | - | |
| d) Shares in the nature of encumbrance (pledge/ lien/non-disposal undertaking /others) |
- | - | - | |
| e) Total(a+b+c+/-d) | 500,000 | 2.95% | 2.95% | |
| After the of: |
~~acquisition~~ / sale, holding of acquirer along with PACs |
|||
| a)Shares carryingvotingrights | ||||
| (i)Lighthouse EmergingIndia Investors,Limited | 15,000 | 0.09% | 0.09% | |
| (ii)India 2020 Fund II,Limited | 599,800 | 3.54% | 3.54% | |
| Total | 614,800 | 3.63% | 3.63% | |
| b)VRs acquired/sold otherwise than byequityshares | - | - | - | |
| c) Warrants/convertible securities/any other instrument that entitles the acquirer to receive shares carrying voting rights in the TC(specifyholdingin each category)after acquisition |
- | - | - | |
| d) Shares in the nature of encumbrance (pledge/ lien/non-disposal undertaking /others) |
- | - | - | |
| e) Total(a+b+c+/-d) | 614,800 | 3.63% | 3.63% | |
| Mode of~~acquisition~~ / sale (e.g. open market /public issue / rights issue / preferential allotment / inter-se transfer encumbrance, etc.) |
Open market | |||
| Date of~~acquisition~~ / sale of shares /~~of/ date of receipt of~~ ~~intimation of allotment of shares / VR/ warrants/convertible~~ ~~securities/any other instrument~~ that entitles the acquirer to receive shares in the TC. |
Friday, September 2, 2022 |
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| Equity share | capital / total voting capital of the TC before the said | Rs. 8,47,40,300 consisting of 1,69,48,060 Equity Shares of |
|---|---|---|
| ~~acquisition~~ |
/ sale | face value of Rs.5/- each fully paid. |
| Equity share | capital / total voting capital of the TC after the said | Rs. 8,47,40,300 consisting of 1,69,48,060 Equity Shares of |
| ~~acquisition~~ |
/ sale | face value of Rs.5/- each fully paid. |
| Total diluted | share/voting capital of the TC after the said | Rs. 8,47,40,300 consisting of 1,69,48,060 Equity Shares of |
| ~~acquisition~~ |
/ sale | face value of Rs.5/- each fully paid. |
| For Lighthouse Emerging India Investors, Limited |
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Authorized Signatory Place: Port Louis, Mauritius Date: September 2, 2022 () Total share capital/ voting capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 31 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. (*) Diluted share/voting capital means the total number of shares in the TC assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.